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bmg60
Level 1

Capital Gains Dividends & Income from U.S. Government Sources

My state allows reducing dividends by the amount of income from US Government Sources, does that apply to capital gains dividends as well?

 

Thanks

1 Reply
robtm
Level 8

Capital Gains Dividends & Income from U.S. Government Sources

No - it applies only to dividends from government securities only, NOT to capital gains.

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